Morrow v. Schapiro’s Empirical Analysis
1971
Citation profile
6 federal appellate ·
How this case has been cited
Cited by 11 later decisions — most recently March 2003
6 federal appellate ·
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Applies 15 U.S.C. § 77Q (§ 17 of the Securities Act of 1933) · 15 U.S.C. § 78A (§ 1 of the Securities Exchange Act of 1934)
Relies on United Mine Workers of America v. Gibbs · Hurn v. Oursler · Marietta Norton v. The Discipline Committee of East Tennessee State University · Birnbaum v. Newport Steel Corp. · Vine v. Beneficial Finance Co.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 11 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“"But as [the] defendants correctly observe[d], the complaint on its face shows that the investment was, at least initially, a profitable one. The stock increased in value from an original cost of $582,620 to $700,000. Even assuming that the misrepresentations were made and that plaintiff relied upon them in connection with the purchase of the securities, no damage can be shown as a result of such purchases."”
1 later decision quote this exact passage · from the majority““The courts have repeatedly held that one who retains his stock cannot bring himself under the provisions of Section 10(b); he must be a defrauded [purchaser or] ‘seller’ to qualify.” Morrow v. Schapiro, 334 F.Supp. 399, 401 (E.D.Mo.1971).”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.